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A invested Rs 50000 capital at the beginning and added Rs 20000 after four months. What is interest on capital at ten percent?

Answer and explanation

Correct answer: About Rs 6333

Interest is on Rs 50000 for full year and Rs 20000 for eight months. Total interest is about Rs 6333.

Related tags

Interest On CapitalAdditional CapitalTimeAdjustmentsPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

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